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until 20-16 to complete. consol energy-- famous for its coal business. stunned wall street this week. consol plans to sell 5 of its coal mines to focus on it's more lucrative natural gas business. the energy company is also slashing its dividend in half. consol will sell its 5 mines in appalachia to murray energy corp for $3.5 billion dollars. jc penney's continues to tell a rosey story about its future prospects. the beleagured retailer told investors for the third time in five weeks that sales are improving. the company is also forecasting upcoming positive comparable- store sales results. penney's has been struggling in the wake of failed experiments by former c-e-o ron johnson. shares were up yesterday after these most recent comments by new chief myron ullman. target turns in earnings tomorrow. and, investors are said to be curious about the companys holiday sales plan. christmas is a critical time for almost all retailers. and both walmart and target have reduced profit expectations. target will attempt to step up its game this year by displaying prices on products during tv co
of positive energy. the dow starts trading about 120 points from its all time high. a 13 year high for the nasdac and that there is a record high for the s&p 500. for 2 weeks straight, gold closed higher. energy stocks were up friday though they posted a loss for the week. wholesale inventories and sales were up about a half a percent for august. the data are late due to the government shutdown. on the other hand business investment is slowing- a sign of waning confidence? commerce department data show business investment has stalled - a possible signal that business leaders have less confidence in future economic growth. a lot of traders spent the weekend raising glasses of champagne toasting the good times. let's talk to scott bauer, he's with trading advantage. scott, do you think it will continue when the markets open up later this morning? > >i think we're in this period again much like we were in the summertime where good news is good news, bad news is good news. so yes i do think it's going to continue. and there's some signs out there. like oil, the price of oil which has c
their money to work. what was your best trade last month? > last month we really continued to like the energy space the midstream part of the piperuns the mlp's. we put it through center coast capital which is a fund where the amlp which is the e t f. good to have you on the show, have a great day! >thank you. as a new month begins today-- it also marks the end of an added boost to food stamps. roughly 48 milion americans depend on food stamps to make ends meet. starting today.. the amount they recieve will decline as much as $36 dollars per month. it's happening because a temporary benefit boost given to low income americans in 2009 on the heels of the finanicial crisis. expires today. government spending on food stamps is one of the biggest sticking points on capitol hill as lawmakers debate the farm bill. despite sequester, despite a government shutdown, many government agencies are open for business and granting government contracts to small businesses. our cover story finds it's not all federal work, but it pays just the same. you're watching the government contract equivalent of 'sp
is is that allotted energy that should be put into regulating people on creating jobs is being put into basically trying to deal with regulations. how much money do you think the banks will spend in the lobbying efforts on this > there will be no answer to that question. how much money is involved here is a very significant amount. for example i just noticed that j.p. morgan is adding 5000 people to address our response to regulatory on one activity. this 5000 people could be trying to make loans. senator greg pleasure to have you with us today, thank-you and come back again. keep us posted. >thank-you! thanks for your time, appreciate it. still to come-- the breakdown on linked in earnings.. and why traders are staying tuned for a potentially major move in comcast. chart talk is next this is a room where an army vet put his life back together, where a family lived when they were displaced by a flood. but it's more than a room. it's a room at volunteers of america, and the pathway to stronger communities. because when lives are improved, communities are, too. to help strengthen your community, vi
Search Results 0 to 3 of about 4